Conagra Brands, Inc. (CAG) Stock Forecast & Price Target
Conagra Brands, Inc. · NYSE
$15.43+0.19 (+1.25%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 16 firms covering Conagra Brands, Inc, 1 rate it Buy or better, 11 sit at Hold, and 4 rate it Sell or worse, a hold consensus. Targets span $12.00 to $18.00, a moderate spread. The average target of $14.80 sits 4% below the current $15.43. Sentiment has cooled somewhat, with Sell ratings rising from 3 to 4 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.41 next quarter toward $1.57 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS16 ratings
Hold
Strong Buy00%
Buy16%
Hold1169%
Sell425%
Strong Sell00%
Based on 16 analysts giving stock ratings to Conagra Brands, Inc.
As of Jul, 1 of 16 firms rate CAG a Buy (11 Hold, 4 Sell), the standing distribution of every covering firm's most recent active call.
CAG EPS & revenue forecast
EPS · NEXT QUARTER
$0.41
Range $0.38 – $0.44 · 13 analysts · -9% YoY
Next period, 13 analysts expect Conagra Brands, Inc. to earn $0.41 a share (range $0.38 – $0.44), versus $0.45 a year earlier. Full-year consensus is $1.45, growing to $1.57 the year after.
REVENUE · NEXT QUARTER
$2.9B
Range $2.9B – $3.0B · 13 analysts · -1% YoY
Revenue is expected to reach $2.9B (range $2.9B – $3.0B), -1.1% year-over-year. Full-year consensus is $10.8B, rising to $10.9B next year.
Top analysts covering Conagra Brands, Inc.
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on CAG.
#1
Matthew Smith
Stifel · Rank #104
Hold
$15.00-2.8% to target
Overall win rate
38%
+ Follow
#2
TP
Thomas Palmer
JP Morgan
Hold
$15.00-2.8% to target
Coverage
—
+ Follow
#3
Andrew Lazar
Barclays
Buy
$17.00+10.2% to target
Coverage
—
+ Follow
#4
Nik Modi
RBC Capital
Hold
$14.00-9.3% to target
Coverage
—
+ Follow
#5
David Palmer
Evercore ISI Group
Hold
$13.00-15.7% to target
Coverage
—
+ Follow
CAG stock forecast FAQ
What is CAG's average 12-month price target?+
The 15 analysts with a live target average $14.80 for Conagra Brands, Inc. over the next 12 months, ranging from a $18.00 high to a $12.00 low.
Is CAG stock a Buy, Sell or Hold right now?+
The current consensus is Hold. Of the 16 analyst ratings, 1 are Buy or Strong Buy, 11 are Hold, and 4 are Sell or Strong Sell.
What are the highest and lowest price targets for CAG?+
The Street-high target is $18.00 (TD Cowen), and the Street-low is $12.00 (Deutsche Bank). The average of all 15 active targets is $14.80.
How many Wall Street analysts cover CAG?+
16 analysts have an active rating on Conagra Brands, Inc., and 15 firms carry a live 12-month price target.
Who is the most accurate analyst covering CAG?+
Among analysts who currently cover CAG, Matthew Smith of Stifel has the strongest overall Quantellect track record (Rank #104). Their current call is Hold with a $15.00 target.
What is Conagra Brands, Inc.'s projected EPS for next quarter?+
The consensus estimate is $0.41 per share (range $0.38 – $0.44) across 13 analysts. Full-year EPS is projected at $1.45, rising to $1.57 the following year.
How much revenue is Conagra Brands, Inc. expected to report next quarter?+
Consensus revenue is $2.9B (range $2.9B – $3.0B). Full-year revenue is projected at $10.8B, growing to $10.9B next year.
Have analysts been upgrading or downgrading CAG lately?+
As of Jul, 1 of 16 firms rate CAG a Buy (11 Hold, 4 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their CAG calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
